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Specialist RSI Martingale

This is a fully automatic EA, with a set and forget principle of operation.

The system uses the Martingale strategy, and you should be aware that this type of strategy implies trading without a Stop Loss with increasing the lot size where the entire capital is exposed to loss. The EA has been backtested for 10 years and has shown good results without high DD.

Classic martingale is not used, instead dynamic entry and exit is used when technical conditions are met, and positions are increased by a given coefficient. This keeps the risk at a lower level.

Built-in hard Stop Loss if you need it, but keep in mind that the strategy works without a Stop Loss, and you won't get the desired results if you use it.

A very simple EA with very little tweaking. It is enough to select the desired risk and the rest is optimally adjusted for EUR/JPY H4.

About EA

  • Martingale strategy
  • Technical strategy
  • Pair: EUR/JPY
  • Time Frame: H4

Recommendations

  • Broker: any
  • Test it first to find out value for your risk appetite
  • Use constant internet connection or VPS


Parameters

  • Risk Balance (%) = 10 - Enter desired risk for initial LOT (1-100%)
  • Stop loss = 0 - 0 disabled, other value in pips
  • Martingale factor (%) =150 - Next position increased by how many % then last one
  • RSI period =14 - Indicator settings for Relative strength index
Settings file in first comment, or enter it manually from above example.


Backtests are made from 2015 till today with  high quality tick data.

For any question contact me or leave comment.


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Diamond Titan FX
Lo Thi Mai Loan
5 (8)
Experts
Launch promo: SALE 30% OFF! Only 2 sales left to buy at the current price. Next price: $993 Free get US30 Scalper EA and Quantum Algo EA -> contact me after purchase Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT4:  https://www.mql5.com/en/market/product/116012?source=Site+Market+Product+Page Passed Prop Challenge Trade History:  https://www.mql5.com/en/blogs/post
Bitcoin Scalp Pro MT5
Profalgo Limited
4.33 (6)
Experts
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the trades. The EA uses a "smart adapti
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Slaven Kresic
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This is fully automatic expert advisor. The strategy is scalping movements in the direction of trend on EUR/CHF pair. Entry is based on catching pullbacks and scanning trend on multi time frames. For   exit is used stop loss by pips or dynamic take profit at support/resistance . The advisor always use reasonable stop loss and does not use grid, hedge or martingale. However it can add positions on same signal. Remember, the logic is to use it only for EURCHF on M15 time frame during hours: GMT 17
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Euro Swiss Trader EA
Slaven Kresic
Experts
This is fully automatic expert advisor. The strategy is scalping movements in the direction of trend on EUR/CHF pair. Entry is based on catching pullbacks and scanning trend direction. For   exit is used stop loss by pips or dynamic take profit at support/resistance . The advisor always use reasonable stop loss and does not use grid, hedge or martingale. However it can add positions on same signal. Remember, the logic is to use it only for EURCHF on M15 time frame. The EA is optimized and ready
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Slaven Kresic
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Automatic Expert Advisor. Night scalp system, with trend detection and pullback entry. Dynamic exit signal, for SL or TP. Every trade has fix SL. No usage of risky strategies like martingale, hedge, grid etc. About EA Scalper strategy Technical strategy Can use with small deposits Pairs with best rezults: AUDNZD, AUDCAD, AUDCHF, EURAUD, GBPAUD, USDCHF, CADCHF, EURNZD, EURGBP, GBPCAD, GBPCHF, EURCHF Time Frame: M15 Recommendations Broker account with ECN and low spread Test it first to find out
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